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moore. this is an important issue in your bill is still needed. now the cftc proposed rule is helpful. there's no question they have created an exception for enter affiliate swaps that applies to nonfinancial end-users. the problem is there are two key issues, two problems not addressed by the cftc will. everyone, nonfinancial end-users have an eight step process or a criteria process financial users must meet and what criteria is posting margin between affiliates. again, if you have been a post variation merger between affiliates, the whole point behind an exemption from clearing requirements is defeated because your costs are roughly similar if you have the margin. second and very importantly there are lots of companies in your district and throughout the country that have treasury hedging centers in the cftc will doesn't do anything to exempt trade. if you have a nonfinancial end-user facing the market, if what that hedging centers set up to do this and turned to swaps, that hedging center would be a financial entity. so now you have a financial to financial swap is not eligible fo
for democracy is the ambitious, and it are her believe the liberty. governor moore said democracies savaging wild and benjamin rush said a simple democracy is one of the greatest diseases. the point is the undemocratic elements of the constitution arthur on purpose. among the 52 election at the time of your senators by state legislators, independent judiciary, bicameral legislature. next point of the last of minority rights. the senate is one of these less democratic elements for a good reason. his purpose is to check majoritarian impose other majoritarian house. i was a creature of the house before a creature of the senate and look at the good house staffer i hated the senate because he was the graveyard for all the legislation we wanted to push through. but at the feet of vertical, a famous expert came to appreciate the importance of the senate and went to the white house respect it. there's a story that is probably apocryphal, but it's too good because it can reduce the truth about the senate. when jefferson and you had been ambassador to to france came back and sat with washington asked
.m., the constitution and the war of 1812 again here in the theater. this is the 2012 claude moore lecture, journalists roger mudd moderates a panel discussion on what so proudly we hail, the messages of the war of 1812. tonight we are privileged to hear two distinguished guests discuss the past, present and future of the united states constitution. akhil reed amar has joined yale university where he teaches constitutional law at the college and the law school. he received both his b.a. and j.d. from yale and serves as an editor for the yale law's journal. after clerking for stephen breyer when he was judge of the u.s. court of appeals for the first circuit professor amar joined the faculty of yale in 1985. professor amar is a coeditor of the leading constitutional law casebook, decision-decision- making and is the author of several other books including the constitution and criminal procedure, the bill of rights creation and reconstruction, america's constitution a biography and most recently america's unwritten constitution, the president's and decibels we live by. the honorable clarence thomas has s
Search Results 0 to 2 of about 3